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Western Asset Inflation-Linked Income Fund (NYSE:WIA – Get Rating) declared a monthly dividend on Monday, May 23rd, Wall Street Journal reports. Shareholders of record on Tuesday, November 22nd will be paid a dividend of 0.045 per share by the financial services provider on Wednesday, November 30th. This represents a $0.54 dividend on an annualized basis and a yield of 5.26%. The ex-dividend date is Monday, November 21st.
Western Asset Inflation-Linked Income Fund has increased its dividend by an average of 43.6% annually over the last three years.
NYSE WIA traded up $0.03 during trading hours on Monday, reaching $10.27. The company’s stock had a trading volume of 94,882 shares, compared to its average volume of 43,129. The business has a 50-day simple moving average of $11.11 and a 200 day simple moving average of $12.34. Western Asset Inflation-Linked Income Fund has a 52 week low of $10.13 and a 52 week high of $14.78.
In other Western Asset Inflation-Linked Income Fund news, major shareholder Cascade Investment, L.L.C. bought 9,737 shares of the business’s stock in a transaction on Wednesday, May 18th. The shares were purchased at an average price of $10.31 per share, with a total value of $100,388.47. Following the completion of the acquisition, the insider now directly owns 5,018,244 shares of the company’s stock, valued at approximately $51,738,095.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Several large investors have recently made changes to their positions in the business. Guggenheim Capital LLC increased its stake in shares of Western Asset Inflation-Linked Income Fund by 6.3% in the first quarter. Guggenheim Capital LLC now owns 19,171 shares of the financial services provider’s stock valued at $224,000 after purchasing an additional 1,139 shares during the period. Raymond James & Associates increased its stake in shares of Western Asset Inflation-Linked Income Fund by 6.5% in the first quarter. Raymond James & Associates now owns 21,548 shares of the financial services provider’s stock valued at $252,000 after purchasing an additional 1,308 shares during the period. Invesco Ltd. increased its stake in shares of Western Asset Inflation-Linked Income Fund by 0.8% in the fourth quarter. Invesco Ltd. now owns 344,464 shares of the financial services provider’s stock valued at $4,564,000 after purchasing an additional 2,595 shares during the period. Parametric Portfolio Associates LLC increased its stake in shares of Western Asset Inflation-Linked Income Fund by 6.3% in the fourth quarter. Parametric Portfolio Associates LLC now owns 211,055 shares of the financial services provider’s stock valued at $2,796,000 after purchasing an additional 12,598 shares during the period. Finally, Baird Financial Group Inc. increased its stake in shares of Western Asset Inflation-Linked Income Fund by 7.0% in the first quarter. Baird Financial Group Inc. now owns 269,524 shares of the financial services provider’s stock valued at $3,153,000 after purchasing an additional 17,696 shares during the period.
About Western Asset Inflation-Linked Income Fund (Get Rating)
Western Asset/Claymore Inflation-Linked Securities & Income Fund is a closed-ended fixed income mutual fund launched by Guggenheim Partners, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, Western Asset Management Company Ltd., and Western Asset Management Company Pte.
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